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in that would hurt defense, education, technology. we don't need to do that. we can compromise and work together. >> to me it sounds like you're all or nothing. because we just got higher taxes in january and now you want more revenue and you're not making a case for real reform of entitlements. that's the issue, gene. >> maria, you need to listen. you need to listen here, okay? i've just said that we had $400 million in savings. that we were offering to adjust the cpi which would in the second decade have $800 billion in savings. what we've said is it needs to be part of a balanced package that includes tax reform that raises revenues and lowers with entitlement reform. that is the framework of bowles simpson. it's the general framework of compromise. an absolutist position would be for us to say we want nothing but revenues. for them to say they want nothing but spending cuts. >> you said that at the end of the year, remember? >> no, we didn't. >> and taxes went up and there were no spending cuts. >> that's not right. >> i don't want to go in circles. >> that's not right. >> okay. >> we were a
turns over, tires squeal ] and you'll find advanced safety technology like an available heads-up display on the 2013 lexus gs. there's no going back. there. i said it. they don't have pictures of my kids. they don't have my yoga mat. and still, i feel at home. could it be the flat screen tv? the not so mini fridge? ♪ the different free dinner almost every weeknight? or maybe, it's all of the above. and all the rest. am i home? nope. but it almost feels that way. homewood suites by hilton. be at home. >>> welcome back. let's take a look at markets here. the dow retaking 14,000 to close at new five-year high and the benchmark 500 index closing at a new five-year high. nasdaq was under pressure because apple was the loser within technology bringing the nasdaq down today. president obama is delivering his state of the union address tonight 9:00 p.m. eastern live. eamon javers has a preview. over to you, eamon >> reporter: one thing that you know when it comes to a state of the union address just about every single major issue that affects the united states is going to be on tap for discuss
in technology and wireless, et cetera, i think that that's the kind of market that the market gets excited b.industrials, too, energy, too. we want to see that kind of activity. >> buy japan. we talk about it week after week. buy japan on a heblged basis if you can find it that way. look at the jobs number. the fed, the new fed is the employment report, and the ability to most markets. if you get 190 or 200,000 on march 1st, two weeks from tomorrow, that's the february jobs number, you're going to see the market lift. you want to see profits, production. you want to see personal income, and you want to see politics. that's one thing that could stall the market if you've got a fiscal sequestration. >> why are you so hot on japan? i know japan has rallied so much? why do you think it's going to continue? >> mr. shirakawa will leave room for mr. abe to put in a person that will gradually weaken the yen and stimulate the economy and get it the into inflation of a 2% target. we like the japanese exporters. they don't want to get the other countries upset with them. >> right. >> and come after the
, comcast, our parent 100% now and facebook, so, you know, it's the new technologies that are leading the way here. >> facebook had a nice turnaround after they came out and said they sold apple and buying this one. a big move late in the day but the nasdaq has been positive all day and think that could be the new leader to take us to new highs. >> going well off the lows of the day, the dow down 38 points, the s&p and nasdaq positive. stand by for the very important cisco earnings on the second hour of the closing well with maria. see you tomorrow. >> and it is 4:00 on wall street. do you know where your money is? hi, everybody, welcome to the "closing bell." i'm maria bartiromo on the floor of the new york stock exchange. a mixed day for the market. the dow failing to hold on to 14,000 level with the decline of 36 points off the worst levels, even there, as you can see there, a decline of 37 points. take a look at how we're finishing the day overall. a reversal of yesterday's decline and the s&p 500 finishing in the green by just a fraction. just moments away from cisco's quarterly
Search Results 0 to 3 of about 4

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